8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

August 24, 2004
(Date of earliest event reported)

COMMERCIAL CAPITAL BANCORP, INC.
(Exact name of Registrant as Specified in its Charter)

Nevada
(States or Other Jurisdiction
of Incorporation) 000-50126
(Commission
file Number) 33-0865080
(IRS Employer
Identification No.)

8105 Irvine Center Drive, 15th Floor, Irvine, California
(Address of Principal Executive Offices) 92618
(Zip Code)

Registrants’ telephone number, including area code (949) 585-7500

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-2 under the Exchange Act (17 CFR 240.14a-2)

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events.

On August 24, 2004, Commercial Capital Bancorp, Inc. (the “Company”), (NASDAQ: “CCBI”), announced by press release that Thomas G. Lawyer, Executive Vice President of both the Company and the Company’s bank subsidiary, Commercial Capital Bank (the “Bank”), has resigned his positions citing personal reasons. Mr. Lawyer just recently joined the Company on June 28, 2004

The press release is attached hereto as Exhibit 99.1 to this Form 8-K.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable.

(b) Not applicable.

(c) The following exhibit is included with this Report:

Exhibit 99.1 Press release dated August 24, 2004.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

COMMERCIAL CAPITAL BANCORP, INC.
By:	/s/ Stephen H. Gordon ——————————— Stephen H. Gordon Chairman of the Board and Chief Executive Officer

Date: August 24, 2004

EX-99.1

Exhibit 99.1

Contact: Stephen H. Gordon
David S. DePillo Chairman & CEO
Vice Chairman, President & COO Telephone:
Facsimile: (949) 585-7500
(949) 585-0174

THOMAS G. LAWYER, EXECUTIVE VICE PRESIDENT OF COMMERCIAL CAPITAL
BANCORP RESIGNS POSITIONS CITING PERSONAL REASONS.

Irvine, CA - August 24, 2004 - Commercial Capital Bancorp, Inc. (the “Company”), (NASDAQ: “CCBI”), announced today that Thomas G. Lawyer, Executive Vice President of both the Company and Commercial Capital Bank (the “Bank”), the Company’s bank subsidiary, has resigned from his positions citing personal reasons. Mr. Lawyer just recently joined the Company on June 28, 2004.

Stephen H. Gordon, Chairman and Chief Executive Officer commented, “We were surprised to receive Tom’s resignation, after having just joined the Company less than two months ago. Though his term with the Company was brief, we had high expectations and wish him well in his future endeavors.”

At June 30, 2004, Commercial Capital Bancorp, Inc. had total assets of $4.7 billion, and total deposits of $2.4 billion. Commercial Capital Bank operates 20 banking offices located in Westlake Village (Ventura County), Tarzana, Malibu, Baldwin Hills, Westchester, Hawthorne, Manhattan Beach, Gardena, Hermosa Beach, Torrance, Redondo Beach (Los Angeles County), Orange, Irvine (3), Rancho Santa Margarita (Orange County), Riverside (Riverside County), La Jolla, Del Mar and San Diego (San Diego County), and 12 lending offices, located in Sacramento, Corte Madera, Burlingame, Oakland, Woodland Hills, Encino, West Los Angeles, El Segundo, Tustin, Irvine, Riverside, and San Diego, California, with plans to open banking offices in Beverly Hills, California in September 2004, San Mateo, California in December 2004, and Newport Coast, California in early 2005. The Company was the 3rd largest multi-family lender in California during the 12 months ended June 30, 2004 (source: Dataquick Information Systems) and the Bank was the fastest growing savings institution in California, based on percentage growth in total assets over the 36 months ended March 31, 2004 (source: www.fdic.gov).

This press release may include forward-looking statements related to the Company’s plans, beliefs and goals, which involve certain risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors: competitive pressure in the banking industry; changes in the interest rate environment; the health of the economy, either nationally or regionally; the deterioration of credit quality, which would cause an increase in the provision for possible loan and lease losses; changes in the regulatory environment; changes in business conditions, particularly in California real estate; volatility of rate sensitive deposits; asset/liability matching risks and liquidity risks; and changes in the securities markets. The Company undertakes no obligation to revise or publicly release any revision to these forward-looking statements.